Brave rewards are not supported in many countries as of now…
even though we earn brave rewards through brave ads or as a creator still we cannot withdraw brave rewards to our account…
Brave browser and Crypto Currencies were ment to be decenterlized and annonymous but we are relying on third party centerlized website… it would be really great if we can get the rewards in our brave wallet or atleast add support of some well knowned exchanges such as coinbase or binance so that we can use rewards program either as a user or as a content creator…
please see through this request…
i hope to hear from you soon…
This is very difficult because it requires special licenses. On top of that, this means Brave would have to start to KYC/AML all users and turn Brave into a centralized crypto. They are looking at ways to make this happen, but it just isn’t feasible right now.
Yes, but then government stepped in. Once it gets to the point where you’re able to get fiat (real money) from something, they want to track it. This is AML/KYC and a few other acronyms which mandate anyone handling it reports your earnings to the government and also verifies your identity, as they claim cryptocurrency was being used for money laundry and to support terrorism.
That said, Brave is still decentralized if you use BAT as it was intended, which is to be able to choose which content creators you wish to support. Brave never was intended as a way for “mining” or as a secondary income. It’s how people are using it, but it’s truly not what it was meant to be.
They have to abide by KYC/AML as well. And just so you know, Brave would love to work with them. In an interview, it was explained that each exchange which works with Brave has a business negotiation they go through. There are fees and lots of details which gets worked out between companies. To this point, Coinbase and Binance have not been willing to make any deal with Brave to allow Users to connect to them. I suppose if you or others want this to happen, it might be beneficial to contact Coinbase and Binance to suggest they work with Brave.